17 W Lawrence St - Apartments FOR SALE


Pontiac, MI 48342
$1,600,000 USD
773-474-1034
17 W Lawrence St, Pontiac, MI for Sale
$1,600,000 USD
Apartments - FOR SALE
1/8
null | 6.56% Cap Rate

17 W Lawrence St
Pontiac, MI 48342


HIGHLIGHTS

  • Windows fully renovated, approved by historic commission
  • Central AC, boiler heat
  • In unit washer dryer
  • Full appliance package
  • ButterflyMX video intercomm

OVERVIEW

Beautifully renovated historic building. 5 apartment units, 6 artist studios, 2 commercial studios and 1 retail storefront. 14 units total. Apartments are completely renovated with in-unit laundry, central AC, boiler with outside/inside thermostats. ButterflyMX video intercom and full camera system. This one is truly a gem! All unit leased with the exception of the storefront which is currently an event space.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$123 USD /SF

# OF UNITS

14

PRICE/UNIT

$114,286

CAP RATE

6.56%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Burlingham

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

14-29-476-007

ASK ABOUT THIS PROPERTY

Loren GuzikPike Street PropertiesMore Info
773-474-1034

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Loren GuzikPike Street PropertiesMore Info
773-474-1034

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.